| George Arnold Alexander III, MPA |
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Steiner Ranch: How Close to List Price Did Homes Sell?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-26
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $645,000
1017 Horseback HOLW, Austin TX 78732 · MLS #3356578
Listed at $640,000, 4 bed, 2.5 bath, 3,049 sq ft. Listed 7% below the ALEX valuation; 24% under the local price per sq ft; price reduced 8% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185626038/1017-Horseback-HOLW-Austin-TX
Lower-middle quartile: $645,000 to $830,000
12816 Majestic Oaks DR, Austin TX 78732 · MLS #5143019
Listed at $699,000, 5 bed, 3 bath, 2,612 sq ft. Listed 11% below the ALEX valuation; 9% under the local price per sq ft; price reduced 18% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1185337561/12816-Majestic-Oaks-DR-Austin-TX
Upper-middle quartile: $830,000 to $1,150,000
12013 Palisades PKWY, Austin TX 78732 · MLS #4711032
Listed at $1,100,000, 4 bed, 3.5 bath, 4,558 sq ft. Listed 10% below the ALEX valuation; 18% under the local price per sq ft; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1173631518/12013-Palisades-PKWY-Austin-TX
Upper quartile: $1,150,000 and up
12801 Arbor Lake CV, Austin TX 78732 · MLS #4999734
Listed at $1,399,000, 5 bed, 5.5 bath, 4,399 sq ft. Listed 4% below the ALEX valuation; price reduced 13% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1184780254/12801-Arbor-Lake-CV-Austin-TX
Key figures · Steiner Ranch · rolling 6 months ending Sep 30, 2026
- 128 homes sold in Steiner Ranch in the 6 months ending Sep 30, 2026 (up 15.3% on a year earlier).
- Median sale price: $849,500 (up 4.5% on a year earlier).
- Median price per square foot: $272.
- Median days on market: 28.
- Median sale price as a share of the original list price: 95.3%.
- 58 homes for sale now, about 2.7 months of supply at the pace of the last six months.
Source: Unlock MLS, rolling 6 months ending Sep 30, 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
In Steiner Ranch, homes sold for an average of 95.3% of their original list price over the last six months, a figure that reflects how closely final offers matched asking prices. This median close-to-original-list ratio is calculated from 128 closed sales and represents the balance between buyer negotiation and seller expectations in this market.
ALEX Intelligence analyzed the pricing dynamics by comparing the original list price to the final sale price for every transaction. The data shows that 83.6% of these homes sold below their original list price, indicating that while most buyers secured a discount, the gap has narrowed compared to earlier periods. Over the same six-month window, the median close-to-list ratio improved by 2.1 percentage points from the prior period, rising from 93.3%.
When viewed against the same period last year, the current ratio of 95.3% is slightly lower than the 95.7% recorded previously, suggesting a modest shift in negotiation leverage. The median sale price for these properties reached $849,500, up 5.9% from the prior six-month window. Meanwhile, the median price per square foot increased to $272, reflecting stronger value retention despite the prevalence of below-list sales.
The market activity in Steiner Ranch remains robust, with homes spending a median of 28 days on market before closing. This speed, combined with the pricing trends, suggests that while buyers are still negotiating down from list prices, the gap is shrinking as inventory tightens and demand stabilizes. Understanding this ratio helps sellers set realistic expectations and assists buyers in formulating competitive offers based on historical negotiation outcomes.
Want to see this home? Call or text George at 713.918.9951 for a private showing.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
Source data: Unlock MLS closed sales, rolling 6 months ending Sep 30, 2026, n=128
Cover photo: Steiner-ranch-steakhouse-austin-tx by TommySteaks82, CC BY-SA 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Partner, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










